The Department of Housing and Urban Development (HUD) announced late last week that it has granted $42 million in restored housing counseling funds in the last three months, a reduction of the agency’s normal timeline by 70 percent. According

The U.S. Treasury Department says it has sold off the final portion of $225 billion in mortgage-backed securities it purchased during the height of the financial crisis, and in addition, the sales of securities issued, primarily by troubled mortgage

Overall home sale data for February is still a few days away, but economists surveyed by Bloomberg are already anticipating a decent uptick in sales for the month. According to the economists, sales – bolstered by gains in jobs

Real estate is an industry of hyper-local interests, and few sectors of the market better demonstrate that than construction. Though some builders are growing, and raising prices as a result, others are still pursuing incentives, such as price cuts,

The Bipartisan Policy Center made a splash earlier this month with a wide-ranging study of the Echo Boomer generation that highlighted many of the demographic, economic and sociological factors that would contribute to the generation’s economic impact, and it

A new survey by FreeScore.com has uncovered a most interesting anomaly in the housing landscape – although 22.1 percent of homeowners are underwater on their mortgages, according to CoreLogic, more than 70 percent are unaware of government programs created specifically to

The National Association of Home Builders in March added 30 more metropolitan areas to its Improving Markets Index (IMI), a unique survey of the nation’s best-performing urban areas. Representative of 33 states, the IMI has grown steadily since its launch in

Mortgage servicers, namely the nation’s five largest banks, will have to adapt their business models to new timelines starting this week for short sales, as some of the regulatory aspects of the state attorneys general mortgage settlement are implemented

February foreclosures in Chicago posted double-digit increases from a year ago, as banks resume filings in the wake of the $26 billion mortgage settlement, according to the latest data from RealtyTrac. From January, February’s 12,587 foreclosure filings were actually

Listed inventory on Realtor.com fell by 22 percent in February compared with a year ago, but according to the site, that drop was accompanied by a 6.8 percent increase in asking price, which signified a greater interest from prospective

Policy makers at the Federal Reserve raised their expectations for the economy in 2012, with stronger-than-anticipated results in employment and consumer behavior motivating the positive change in perspective. The Fed said it expects moderate economic growth and gradually declining

Baird & Warner has unveiled an unconventional ad campaign that addresses theresidential sales market head-on and encourages consumers to see the possibilities of how homeownership can lead to a more fulfilling

Federal Reserve Chairman Ben Bernanke attempted to calm the nerves of community bankers earlier today with a pre-recorded message directed at the pending effects of the Dodd-Frank financial regulatory bill. Appearing before the Independent Community Bankers of America convention in

Spring is often seen as a time for growth and rebirth, and those metaphorical aspects, based on new estimates and projections from some of the nation’s largest homebuilders, have rarely been more appropriate. According to Barclay Capital analysts, 2012

A new index from Zillow has found an inverted relationship between median rental prices and home values last year, with rents rising 3 percent from January 2011 to January 2012 and home values falling 4.6 percent. Released for the

Freddie Mac ate its latest serving of humble pie late last week when it reported yet another year of losses and made an additional request for funds from the U.S. Treasury, but it also dampened the news with some